News about Malaysia

KUALA LUMPUR (Dec 27): Genting Group’s run of bad luck isn’t ending.

PETALING JAYA (Dec 24): Jakarta assures that the situation — in which five Malaysians were accused of stealing wood, and were taken hostage by the Indonesian army — will not be repeated.

KUALA LUMPUR (Dec 22): Larry Michael Remsen has resigned as the chief executive officer (CEO) of Parkson Holdings Bhd’s 67.

  KUALA LUMPUR (Dec 21): Cagamas Bhd, the National Mortgage Corporation of Malaysia, has issued RM15.

KUALA LUMPUR (Dec 21): The opening date of Genting Malaysia Bhd’s most anticipated new outdoor theme park is still up in the air, as the group is still considering various options for it.

KUALA LUMPUR (Dec 20): The Federal Land Development Authority (Felda) said today it received a visit from the Malaysian Anti-Corruption Commission (MACC) on Tuesday (Dec 18) following the MACC's review of Felda's previous Project Caviartive as part of the commission's efforts to help government agencies to heighten governance and management standards.

KUALA LUMPUR (Dec 20): Property developer JAG Bhd is buying a piece of freehold land in Klang for RM14.

KUALA LUMPUR (Dec 20): Malaysian Resources Corporation Bhd (MRCB) rose 4.

KUALA LUMPUR (Dec 20): Malaysian Resources Corp Bhd (MRCB) has received RM1.

KUALA LUMPUR (Dec 20): Tan Sri Vincent Tan (pictured), who is back at the helm of the Berjaya group, yesterday unveiled his big plan to restructure his business empire that may involve the sale of assets, privatising two companies — 7-Eleven Malaysia Holdings Bhd and Berjaya Land Bhd (BLand) — as well as the listing of hotel business in Singapore.